The university will consider approving up to five financing agreements with startup companies recently launched from the institution’s ecosystem through its accelerator fund.
The investment advisor will provide comprehensive advisory and portfolio management services for the university’s short-term and core investment pools.
The university’s investment office is seeking entrepreneurs looking to launch their own investment management funds to participate in the second cohort of its Prospect Fellowship.
The university selected a new non-discretionary investment advisor for its operating investment portfolio after launching a search earlier this year due to standard due diligence requirements.
The community foundation hired a new investment advisor in the fourth quarter, replacing its incumbent, which had been providing the services since at least 2012.
The program will also invite its domestic mid-cap growth equity manager to present at a future board meeting with the intent of placing the firm on watch due to underperformance.